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How much is a 1955 double die wheat penny worth?

How much is a 1955 double die wheat penny worth?

Doubled Die Error Coins The 1955 wheat penny double die error coin is worth around $1,250 in very fine condition. In extremely fine condition the value is around $1,350. In uncirculated condition the price is around $4,000 for coins with an MS-63RB grade.

How much is a doubled die penny worth?

At the time, Potter estimated that a Mint State 1969-S doubled die obverse is worth at least $44,000 and maybe as much as $100,000 or more depending on the grade it gets. Experts estimate that the number of known specimens of this 1969-S doubled die penny is only about 40 to 50 coins.

What is a 1955 double die wheat penny?

A “1955 doubled die Denver mint penny” was a plot device in the American movie UHF; when a rich man cruelly gives a penny to a beggar, the beggar realizes its value and uses the money earned from trading it in to save a local TV station that the rich man was hoping to buy out.

How many 1955 double dies are there?

The 1955 Doubled Die introduced many collectors to the hobby and it’s estimated that between 3,000 and 4,000, in all grades, exist today. With so few surviving, you can see why locating genuine Uncirculated issues are especially difficult. Especially when you consider many were put in cigarette packs as change.

Which 1955 penny is worth the most?

One minted at the San Francisco mint is priced a little higher, at $0.03. If the 1955 S penny is proof, its price shoots to about $22. 1955-D pennies are worth $0.30 in uncirculated conditions. But if they are in fine or good condition, they are worth as much as 1955 pennies without mint marks.

How much would a 1955 penny be worth?

1955 Penny Value

1955 Lincoln Penny Value
Condition of Coin
1955 $0.02 $1
1955 DLB DIE ** $1,583
1955 D $0.02 $0.30

How do you tell if a coin is double died?

The coin die that strikes double die coins has a partial or fully doubled image on it. Therefore, the coin has two identical images that are slightly offset.

What is special about a 1955 penny?

Profile of The 1955 Doubled Die Lincoln Cent The doubling on the obverse is dramatic and can be seen without the use of magnification. It is most prevalent on the date, the motto “LIBERTY” and “IN GOD WE TRUST.” The reverse of the coin was properly made and does not exhibit any doubling.

What makes a 1955 penny rare?

These coins were produced because the coin die wasn’t manufactured correctly. This caused two images or letters to appear on one coin die (the two images or letters are similar but slightly offset). A 1955 double die penny is extremely valuable, making it one of the most coveted coins anyone can possess.

Are 1950’s pennies worth anything?

CoinTrackers.com has estimated the 1950 Wheat Penny value at an average of 15 cents, one in certified mint state (MS+) could be worth $13. So when we say average, we mean in a similar condition to other coins issued in 1950, and mint state meaning it is certified MS+ by one of the top coin grading companies.

Are 1955 pennies rare?

The 1955 doubled die error has been a significantly scarce collectible coin since it was first discovered in New England soon after the coins were minted. It is thought that about 40,000 were made in one evening at the Philadelphia Mint and that perhaps 20,000 to 24,000 entered circulation.

What is the value of a 1955 uncirculated Penny?

An uncirculated 1955-S Lincoln wheat cent in uncirculated condition is worth at least 20 cents, but it could be worth potentially hundreds of dollars if the coin has virtually no surface flaws (nicks, scratches, spots, etc.).

What is the value of a doubled die Penny?

A 1955 Poor Man’s doubled die penny has a value of around $1 to $3. In general, if you’re going to buy expensive doubled die coins, make sure they have been authenticated by a third-party coin grading company.

How much does a 1955 penny worth?

Let’s talk a bit about what the different 1955 pennies are worth. Specifically, if you happened to find any 1955 pennies in pocket change that aren’t doubled dies, they’re likely rather worn and are therefore worth between 3 and 10 cents . Here’s a rundown of 1955 penny values, as well their mintage numbers (how many 1955 pennies were made):

What is a 1955 US Penny made of?

Mintage numbers released by the Philadelphia Mint show that 390,958,000 examples were minted. Like all other wheat pennies except for those produced in 1943, the 1955 Wheat Penny was made with a composition of 95% copper and 5% zinc .

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Ruth Doyle